Taskbasedactivitiesforlbs.ca



[pic] Task-based Activity Cover Sheet

Task Title: Credit Union Rate Sheet

|Learner Name: |

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|Date Started: Date Completed: |

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|Successful Completion: Yes ( No ( |

|Goal Path: Employment ( Apprenticeship ( Secondary School ( Post-Secondary ( Independence X |

|Task Description: |

|Review financial institution rate sheet to understand savings interest. |

|Competency: |Task Group(s): |

|A: Find and Use Information |A2: Interpret Documents |

|C: Understand and Use Numbers |C1: Manage Money |

|Level Indicators: |

|A2.2: Interpret simple documents to locate and connect information |

|C1.1: Compare costs and make simple calculations |

|Performance Descriptors: see chart on last page |

|Materials Required: |

|Pencil, pen (and highlighter) |

[pic]Task Title Rate Sheet

Credit Unions provide interest rates on many of their accounts. Look at the Libro Rate Sheet.

Learner Information and Tasks:

Task 1: Circle or highlight the Interest Rate for a Basic account with a balance of $75.00.

Task 2: Circle or highlight the Account Balance that someone with a Regular account would get for an Interest Rate of 0.125%.

Task 3: How much money does a customer need to put into an Investment Savings to start making an interest rate of 0.650%?

Task 4: US $ Accounts can get up to a 0.350% Interest Rate. Which Deposit Products get the highest interest rate?

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[pic]Task Title: Rate Sheet

Answer Key

Task 1: Circle or highlight the Interest Rate for a Basic account with a balance of $75.00.

A: 0.125 is circled

Task 2: Circle or highlight the Account Balance that someone with a Regular account would get for an Interest Rate of 0.125%.

A: $0 – 4,999 is circled

Task 3: How much money does a customer need to put into an Investment Savings to start making an interest rate of 0.650%?

A: $1,000 (if they put “plus” it’s not wrong, but comprehension is more basic)

Task 4: US $ Accounts can get up to a 0.350% Interest Rate. Which Deposit Products get the highest interest rate?

A: 0.650%

Investment Savings ($1000 plus)

Investment Savings – HaldNor ($1000 plus)

RRSP Variable Rate

RRIF Variable Rate

[pic]Task Title: Rate Sheet

|Performance Descriptors |Needs Work |Completes task|Completes task|

| | |with support |independently |

| | |from | |

| | |practitioner | |

|A2.2 |performs limited searches using one or two search criteria | | | |

| |extracts information from tables and forms | | | |

|C1.1 |understands numerical order | | | |

This task: was successfully completed ( needs to be tried again (

|Learner Comments |

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Instructor (print) Learner Signature

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